WellNet introduces Facebook-like Point to Point Healthcare
Bethesda 14 July 2009WellNet Healthcare, a health care technology company that enables companies to better manage their health care costs by analysing their benefit programmes to understand why costs are rising and implement actionable strategies to reduce expenses, has formally launched Point to Point Healthcare (P2P), developed by its health care technology subsidiary Healthcare Interactive.
P2P, which has been in beta testing with select customers over the last year, is a Facebook-like social networking platform that allows consumers to manage their health care from a single, secure Web 2.0 application. P2P's all-inclusive platform helps close the gap between having a
partially-informed and a fully-informed consumer, like its sister component, the Active Reporting System (ARS), does for plan sponsors (employers).
The introduction of the P2P component rounds out WellNet's Healthcare Performance Management (HPM) software suite, and shakes up the health care industry via a solution that increases choice, competition and transparency and the ability to positively impact the delivery and cost of care in both the private and public sectors.
Sample P2P platform features include:
- A communication wall that allows consumers to request and receive help on a myriad of health care-related issues ranging from prescription medicine refills, to complex case management, to insurance claims.
- Tools with which consumers can manage their health care on an ongoing basis.
- A pass-through version of their electronic medical record hosted by industry experts such as Microsoft's HealthVault and Google Health.
- A view of consumers current prescription medications that includes potential substitutes and alternatives, access to telemedicine, care management and wellness services.
"In the past, I wasn't able to see more detail on where my company's health care dollars were going", stated Martin Gausvik, CFO of Cumulus Media, a Blackstone Group portfolio company. "With ARS, I now understand where I am spending my money and how I can avoid future expenses while raising the level of employee engagement with P2P."
Regardless of the type of insurance or the particular health plan, P2P consolidates, in a single location, the information and resources necessary for consumers to make more informed decisions. P2P does not pretend to confer an MD on consumers, but it does give them the level of information buyers typically collect before purchasing an automobile, dishwasher or computer - options, pricing, availability, alternatives, pros and cons, etc.
"America's current health system is mired by disjointed, untimely and hard-to-find information, hidden profit centres and monopolies in some markets. Those using and paying for health care, whether employers or consumers, are saddled with its inefficiencies and exorbitant costs", stated Keith Lemer, president of WellNet Healthcare. "The revolution in health care won't be in electronic medical records, but in using technology like P2P and ARS to find out how to cut costs to make service more affordable. WellNet's HPM solution increases the transparency and the flow of information to both the consumer and the health plan sponsor (employer) so as to increase health and drive down cost."
WellNet Healthcare enables companies and their executive management team to measure and manage their health care costs by finding and fixing problems using real-time health care information to make better business decisions that lower health care costs. WellNet's technology subsidiary, Healthcare Interactive, provides a platform for employers and employees to view and manage health care costs in a dashboard format.
Like P2P, Active Reporting System (ARS), launched in 4Q08, removes the veil that blurs employers' views of their second or third largest expense line item: their company's health care expense. Providing aggregated, unidentifiable employee health data in a real-time, secure, easy-to-use dashboard, ARS enables company executives to understand where their health plan is working, whether the health coverage is meeting employees' needs and if health plan members could benefit from additional health or wellness services.
In a recent ARS features survey, 100 percent of executive management said that the system provided access to important heath plan data that they could not access before, while 92 percent said ARS was crucial to limiting health plan costs. Precision targeting of problem areas increases the efficiency of each dollar spent on health care and truly enables the C-suite and others involved in decision making to measure and manage their health care expenses as they would any other area within their business operations, all while actually improving the health of their employee population.
Source: WellNet Healthcare
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